While I agree that GPRS is more than adequate for M2M transactions, it always amazes me when companies write "high-speed wireless connections" in the GPRS context. Anyway...
VeriFone Wireless Payment System Implemented by e-pay New Zealand for Progressive Enterprises
Utilizing GPRS Connectivity, Company Deploys Vx 610 at Foodtown, Woolworths and Countdown Supermarkets, New Zealand
SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Holdings, Inc. (NYSE: PAY) (TASE: PAY) announced that its Vx 610 wireless solution has been implemented in eight Progressive Enterprises supermarkets in New Zealand by e-pay New Zealand Ltd.Progressive Enterprises, a subsidiary of the Australian company, Woolworths Limited, operates the Foodtown, Woolworths and Countdown supermarket chains in New Zealand and has installed systems in stores under each of these banners based in Auckland City, Chartwell, Mairangi Bay, Queensgate, Sylvia Park, St. James Park, Levin and Hastings. The Vx 610 system utilizes the GPRS cellular data service to connect with processors over high-speed wireless connections.
“Progressive Enterprises is demonstrating the utility and ease of operation that wireless-based payment solutions provide,” said Lazy Yanay, VeriFone Asia managing director. “Wireless payment makes it possible to set up payment quickly, at low cost, and wherever it is needed.”
The Progressive Enterprises stores are using the systems for the electronic distribution of prepaid vouchers with e-pay. e-pay is a subsidiary of Euronet Worldwide (Nasdaq: EEFT), a global leader in electronic prepaid processing, or top-up services, for prepaid mobile airtime. The first Vx 610 installed in New Zealand successfully connected to the e-pay host and was set up in less than one-third the time it would take to do so over a dialup connection.
VeriFone’s Vx 610 is a portable, battery-powered payment device with a sleek, compact design. It can be configured with wireless connectivity modules for GPRS, Wi-Fi or CDMA. The solution is ideal for merchants who need to offer payment on the go, or in a temporary location. It can be used in outdoor markets, for delivery service, and for instantly adding an extra lane during peak business hours.